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Non-Tech : CYBERTRADER

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To: William W. Dwyer, Jr. who wrote (2556)5/29/1999 11:31:00 AM
From: jebj  Read Replies (1) of 3216
 
Bill, I asked someone to take a look at Cybertrader for me and compare to Realtick since I have not used either program. Those of you that have can better tell me the good/bad points of each. Is this a fair statement as to how this part of Cyber works?

>it does not have a direcd way to trade to the ECNs with one system. On that system to trade to all but a few ECNs you have to preferance to Slecnet to trade to the ECNs. That is slow and not good since you will be trading to the ECNs most of the time. <

and -

>I think.With Cyber you would have to click on the ECN you want to trade to on the level-2 then click on the preferance box,then enter Slectnet,and that only allows you to enter to that one ECN if it moves off the price you would have to reenter your trde again going thru the same steps ,where ARCA would roll over to any other ECN that was at the price, and that is much faster.<

Tks for your time.

jb
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